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πΊ Essential Videos πΊ
Crypto Bear Market End π https://youtu.be/WxJvZMEYF8w?si=mSkjSdqZEeJV-agC
Spot Bitcoin ETF Price Prediction π https://youtu.be/qkCbvt5sK-s?si=lgcCOv3labLAKzok
Crypto Narratives π https://youtu.be/XD6KSZNTpt4?feature=shared
Ethereum Updates π https://youtu.be/N_dsJ65HV4w?feature=shared
Digital Euro CBDC Updates π https://youtu.be/0wxY1sojA6A?si=aaQSKysVbR7O47ff
CBDCs Explained π https://youtu.be/5VPwG8hSbhw?si=z8MbMXxIhTaOaskZ
Central Banks Buying BTC π https://youtu.be/zLCv5fT7QlA?si=V4AvBdqZJVoO8A8T
Cashless Society Explained π https://youtu.be/cuAz5FKjnDA?si=010OFBEYeHgAwvDF
~~~~~
βοΈ π Useful Links π βοΈ
βΊ Coin Bureau Club: https://hub.coinbureau.com/
βΊ Blackrock ETF Approval Record: https://finbold.com/blackrocks-record-of-etfs-approved-by-the-sec-is-575-1/
βΊ BTC Will Hit 80k In 2024: https://cointelegraph.com/news/bitcoin-price-80k-stablecoin-growth-bitwise-invest-crypto-prediction
βΊ Bitcoin Halving Countdown: https://buybitcoinworldwide.com/halving/
βΊ DeFi Summer 2020: https://cointelegraph.com/news/defi-yield-farming-is-driving-adoption-but-stakeholders-urge-caution
βΊ Dencun Upgrade Explained: https://crypto.com/research/ethereum-proto-danksharding-dencun
βΊ Vitalik Says Layer 2s Will Support Payments: https://cointelegraph.com/news/vitalik-crypto-payments-will-make-sense-as-tx-costs-fall-to-mere-cents-kbw-2022
βΊ Russia Plans To Use BTC For Cross Border Trade: https://www.coindesk.com/business/2023/04/19/russia-plans-to-mine-crypto-for-cross-border-deals-says-central-bank/
βΊ Crypto Accounting Rule Change: https://cointelegraph.com/news/companies-more-likely-to-adopt-bitcoin-after-fasb-accounting-rule-change
βΊ FTX Exchange Working To Restart: https://www.bloomberg.com/news/articles/2023-10-24/ftx-is-negotiating-with-three-bidders-to-restart-crypto-exchange
βΊ a16z Lobbying Pro Crypto Politicians: https://cointelegraph.com/news/a16z-lobbying-plan-donate-politicians-support-crypto
~~~~~
– TIMESTAMPS –
0:00 Intro
1:00 First Prediction
2:55 Second Prediction
6:07 Third Prediction
8:09 Fourth Prediction
10:05 Fifth Prediction
12:08 Sixth Prediction
14:50 Seventh Prediction
17:21 Eighth Prediction
19:25 Ninth Prediction
21:01 Tenth Prediction
23:14 Bonus Prediction
24:58 Outro
~~~~~
π Disclaimer π
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Crypto #Cryptocurrency #Bitcoin #Predictions
As 2023 comes to a close everyone is wondering what the next year has in store for crypto arguably more so than in previous years that’s simply because the last 12 months have been nothing short of historic and we get the impression that the next 12 months could
Be just as intense that’s why today we’re going to give you 10 predictions on what will happen in crypto in 2024 and we may throw in a special bonus prediction and giveaway just for our fans so stay tuned to find out I’ll start of course by saying that
Nothing in this video is financial advice it’s purely educational content that’s meant to assist you on your crypto Quest also note that I and the coin bureo team hold a few of the cryptos we’ll be discussing in today’s video we’ll make sure to point those out
As we go along note that you can find out where to find our full crypto portfolios at the end of the video that said our first prediction is a pretty obvious one a spot Bitcoin ETF will be approved in 2024 as most of you will know Bloomberg ETF analysts believe
There is a 90% chance that this approval will occur in early January specifically between Friday the 5th of January and Wednesday the 10th of January and if the approval doesn’t happen in early January then it could come later in the month that’s because the SEC is due to make
Multiple decisions about the spot Bitcoin ETF applications by the end of the month as you can hopefully see most of these decisions are expected to be made in mid January if the SEC delays all spot Bitcoin ETF applications in January then the next and final approval
Window will be in mid-march this is when the SEC will have to either approve or reject all spot Bitcoin ETF applications it will not be a able to delay these applications again as per the sec’s own rules now given that the SEC has only ever rejected one of black Rock’s ETF
Applications it’s believed that it’s not a question of if but when it’s spot Bitcoin ETF application will get the thumbs up if the SEC somehow decides to reject Black Rock and the others JP Morgan has warned that these asset managers will take the SEC to court now
Obviously ly a rejection of all the spot Bitcoin ETF applications would cause btc’s price to plummet along with the rest of the crypto Market what’s not so obvious however is that the crypto Market could also see a pullback if we see another delay in early January given
The strong consensus of an approval and by the way if you’re enjoying the video so far be sure to smash that like button to give it a boost now this ties into our second prediction and that’s that BTC will hit a new alltime time high in 2024 we believe that this will happen
Regardless of whether a spot Bitcoin ETF is approved or not that’s simply because BTC has a history of surpassing its previous all-time high roughly one year before its cycle high in late 2016 BTC surpassed its 2013 cycle high of around $1,000 in late 2017 BTC hit a new cycle high of almost
$20,000 in late 2020 BTC surpassed its 2017 high and in late 2021 BTC hit a cycle high of almost $7,000 it appears that 2024 will be analogous to 2016 and 2020 in Practical terms this means that BTC could hit a high of more than $80,000 by the end of
2024 it’s hard to say exactly what this price will be but history suggests that it won’t be much higher than the previous cycle High as a result a BTC price of 80k would be a conservative expectation if this does indeed play out then it foreshadows a cycle high for BTC sometime in late
2025 if you watched our video about when the crypto bare Market will end you’ll know that we believe that BTC will hit a high of between 130 and 180k this is likewise based on btc’s previous Cycles which have seen diminishing returns now in Theory BTC
Could go much higher in 2024 if a spot Bitcoin ETF is approved which I’ll reiterate is extremely likely in practice however a spot Bitcoin ETF does not guarantee inflows if you watched our recent video about the post ETF BTC price you’ll know these inflows won’t come at once either and this will
Ultimately depend on two things how institutional investors see BTC and what the macro conditions are looking like at the time for context it appears that most institutional investors still see BTC as a risk asset if this is indeed the case then riskof macro conditions could dampen the ETF flows conversely
However if it turns out that lots of institutional investors see BTC as a safe haven then ETF flows could be high regardless of the macro conditions based on Larry think’s comments about Black Rock seeing BTC as quote digital gold it’s safe to assume that at least a few institutional investors feel this way
Hold up a second there guy sorry to interrupt folks but I just wanted to very quickly tell you about the coin Bureau deals page now this is the place where we have put together some of the very best deals and Promos in all of crypto so you can think things like
Exchange signup bonuses trading fee discounts and money off of Hardware wallets and much much more besides so if you want to check that out coin.com deals is the place to go or you can just use the link in the description of this video down below thanks very much and
Now back to you guy this begs the question of how the Bitcoin Haring could affect btc’s price which is our third prediction the Bitcoin Haring will have next to no immediate effect on btc’s price for reference it’s believed that the harving causes btc’s price to increase because of the reduced Supply
Coming onto the market as basic economics dictates if you reduce Supply while demand stays the same or increases then prices should rise naturally many have argued that the additional Supply squeeze brought on by the harving should push BTC higher and to be fair there is some historical evidence for this during
The harving in 2016 btc’s price almost doubled over the course of a couple of months consistent with the supply demand economics during the harving in 2020 however btc’s price barely budged in the days that followed some would argue that this is because investors were distracted by other factors such as the
Pandemic but we would argue that this was probably because the BTC harving had mostly been priced in much like the spot Bitcoin ETF approval in plain English everyone already knows that the harving is coming it’s literally programmed into bitcoin’s code as a result most of the price action related to the harving will
Probably happen before today there are a lot of institutional investors involved in the crypto market and there will be more of them when the spot Bitcoin ETF is approved these investors are likely pricing in the harving already though it’s admittedly hard to know for sure given that the harving occurs around the
Final ETF deadline regardless our base case is that the Bitcoin harving will have no immediate impact on btc’s price if anything there’s a small risk that it could cause btc’s price to fall right after the Haring that’s because a decrease in Block rewards could cause some Bitcoin miners
To go out of business and sell their BTC Food For Thought anyways our fourth prediction pertains to something we talked about in a recent video and that’s that we’ll see the first Narrative of the next crypto bull market in 2024 to refresh your memory the first Narrative of the previous crypto bull
Market was defi with defi summer in the summer of 2020 this period was marked by defi protocols offering insane yields on lending and borrowing crypto by airdropping their tokens to people using their protocols this was to the point that you could make money borrowing the farming yields were higher than the
Interest rate on the borrowed crypto what this fundamentally did was encourage crypto investors to go further down the risk curve in other words it motivated them to move their money from large cap altcoins that they were familiar with like BTC and eth into smaller cap Al altcoins the result was
That these altcoins rallied like crazy now we believe that the emergence of some crypto narrative is required to unleash the irrational speculation that’s characteristic of a full-blown crypto bull market put differently there needs to be something that tempts those sitting on large BTC an eath profits to
Start investing in other cryptos if you watched our recent video about crypto narratives we believe that the narrative that unleashes this specul will either be related to decentralized social media gamey or AI we lean towards the first one mainly because there’s been so much censorship of centralized social media
In recent years this censorship is likely to go into overdrive next year due to all the pivotal elections taking place around the world most notably in the United States this could motivate the average person to look for decentralized Alternatives where they can actually criticize the people people
In power without being banned let’s hope it doesn’t come to that anyhow our fifth prediction follows from the fourth and that’s that ethereum’s layer 2s will see serious adoption in 2024 potentially to the point that they begin challenging other layer ones if you watched our recent ethereum update you’ll know this
Mainly has to do with the denune upgrade to bring you up to speed ethereum will be undergoing an upgrade in January called denune this upgrade will significantly increase the scalability AKA speed of ethereum’s layer 2s while further lowering their already low transaction costs this will put these
Layer 2os on a par with some of the fastest layer ones as some of you will know a lot of the other layer one cryptocurrencies in the smart contract crypto Niche leverage the ethereum virtual machine or evm for smart contracts this has had the Practical effect of turning these layers lay ones
Into de facto layer 2os on ethereum just on separate blockchains more importantly this has had the effect of taking away from ethereum’s market share and eth’s market cap by extension take a second to consider that if it weren’t for all the other layer 1 evm chains eth likely
Would have gone a lot higher during the previous bull market after the Denon upgrade we believe that ethereum’s layer 2os will take back most of this evm market share from the other evm based layer 1es if this does indeed happen then you can bet that tokens belonging
To ethereum layer 2s will rally a lot and it’s likely that eth itself will perform very well too this is all but guaranteed if the spot ethereum ETFs are approved something which has been forgotten by most investors whereas the denune upgrade will take market share from other evm based layer ones the spot
Ethereum ETFs could take market share away from the other layer ones simply because they don’t have ETFs definitely something to keep in mind and note that some of us hold eth in our personal portfolios anywh who our sixth prediction also has to do with ethereum and that’s that stable coins will start
To be used for payments around the world in 2024 mainly non-usd stable coins for those unfamiliar most stable coins in circulation exist on ethereum and its layer twos will be ready for payments after Denon this is more significant than you might think because payments are the killer use case that crypto has
Been promising to deliver since it became a thing of course some cryptos are being used for payments already but we have yet to see Mass adoption of crypto payments even stablecoin payments now this is partially due to the fact that crypto blockchains weren’t fast or cheap enough to make them viable
Alternatives to existing payment rails but it’s primarily due to the absence of stablecoin regulations over the last year or so we’ve seen lots of stablecoin regulations passed which will make payments possible the catch is that most of these stable coin regulations restrict the use of USD stable coins the
Eu’s markets in crypto assets or mic is a perfect example it makes it practically impossible to use USD stable coins on the continent but leaves the door wide open to all sorts of Euro stable coin use case Es as you might have guessed the scrutiny of USD stable
Coins in the EU and elsewhere is due to concerns that these USD stable coins could compete with local domestic currencies note that this has been openly admitted by European Central Bank president Christine lagard and it’s why they’re creating a digital Euro cbdc more about that in the description I
Digress now what’s interesting is that stable coins are backed by government debt what this means is that when you buy a stable coin you are literally subsidizing the government’s spending behind the scenes this makes stable coins a powerful tool for governments particularly in the EU where debt types
Vary this creates a huge incentive for governments such as those in the EU to allow and even encourage stable coin payments in their National currencies and the fact that interest rates are above zero in most countries finally makes it economically viable to create non-usd stable coins in the end this
Will benefit cryptocurrencies that are ideal for stable coin payments such as ethereum’s layer 2os and fast layer ones like salana note that some of us including myself hold soul in our crypto portfolios too and speaking of governments our seventh prediction is that some of them will start using BTC
For international trade in 2024 especially those that have been sanctioned by the United States now it’s possible that this prediction has already come true given that Iran reportedly started using crypto for trade in 2022 the catch is that Iran never confirmed which crypto it was using for trade although Russia
Announced its intentions to use BTC for international trade earlier this year we’ve yet to see any governments officially start using BTC for trade just yet we believe this will happen in 2024 now at first glance this isn’t exactly a positive development after all nobody likes Bad actors using BTC upon
Closer inspection however you realize that this is a necessary stage of btc’s nation state adoption curve the same thing happened at the individual level when BTC first began the first people to use BTC were likewise what you might call Bad actors but this proved that it
Was in fact possible to use BTC for things like payments as btc’s adoption increased these so-called Bad actors became a smaller and smaller percentage of BTC users today Fiat is used more for illicit Finance than BTC in percentage terms we believe that we will see the same phenomenon at the national level
First it will be sanctioned States like Iran and Russia using BTC for international trade this will prove that it is in fact possible to use BTC for international trade which will eventually result in other countries using BTC for payments too now if you’ve watched any of our videos about cbdcs we
Believe there is a real chance that BTC will become a popular option for international trade this is simply because countries will want to use a digital currency they know is credibly neutral a digital currency that can’t be seized or Frozen like a cbdc We Believe that next year will be pivotal for btc’s
Nation state adoption and its journey to becoming potentially the world’s next Reserve currency now this sounds crazy until you remember that central banks will be allowed to hold crypto on their balance sheets starting in 2025 more about that in the description and on that note our eighth prediction
Is that it will become common for publicly traded companies to hold BTC on their balance sheets in 24 some of you might recall that micro strategy adding BTC to its balance sheet in the summer of 2020 was one of the catalysts that contributed to the crypto
Bull market we believe that we will see the same Catalyst occur in 2024 but bigger besides the fact that an ETF will make it easier for publicly traded companies to access BTC recent changes to rules related to crypto Accounting in the US will reportedly make it more appealing for publicly traded companies
To hold BTC basically it’s now possible for publicly traded companies to report the unrealized gains on their crypto Holdings prior to the rule change they were only able to report the gains if they sold their crypto Holdings oddly enough they were also able to report their unrealized losses in any case once
We see more publicly traded companies adding BTC to their balance sheets it will likely result in the same kind of fomo we’re seeing at the retail and Institutional Investor level similarly to the effects of a spot Bitcoin ETF approval though this will likely depend on how these companies see BTC if they
See BTC as a means of hedging their currency risk that is protecting against inflation then it could become a popular asset to accumulate and they could accumulate a lot of it alternatively if they see BTC as more of a risk asset then BTC may not see much accumulation
From these entities to put things into perspective 13 publicly traded big tech companies are holding over $1 trillion in Cold Hard Cash as many people have pointed out just a fraction of this amount of money flowing into BTC would result in astronomical gains never mind the tens of trillions held by trafi
Investors now our ninth prediction has to do with a crypto company that was once loved by trafi we believe that FTX will be restarted in 2024 and could become a top competitor to other exchanges in case you missed the memo plans to restart FTX are already in the
Works and could happen as soon as Q2 2024 this makes sense when you realize that the FTX platform itself wasn’t bad those of you who used it will know that it was surprisingly user friendly and also offered a lot of innovative products while the management of FTX was
Rotten to the core The Exchange itself did in fact have potential it seems that the only thing standing in the way of an FTX restart is the IRS which is demanding a whopping $24 billion in unpaid taxes from the bankruptcy estate if the IRS manages to get this money
Which rightfully belongs to FTX creditors then it could call the restart into question then again it’s possible that the FTX restart is completely unrelated to the irs’s claims and chances are that we’ll find out by the time this video goes live the FTX bankruptcy estate will reportedly make a
Final decision on whether to restart the exchange by selling it to an investor by the end of December now our 10th prediction is that Pro crypto politicians will be elected around the world in 2024 you’d be for given for thinking that this prediction is exclusive to the US however there will
Be dozens of major elections in 2024 in North America South America Europe Asia Africa and even Oceana Believe It or Not crypto policy could play a pivotal role in these elections in addition to all the lobbying that’s likely being done by Pro crypto interests crypto has become a
Political issue in many countries this appears to be because of Central Bank digital currencies and the push for cashless societies more about all of that in the description now people around the world are starting to wake up to the fact that their governments want to roll out dystopian digital currencies
That will make it possible to control how much you can save and how you can spend this is not a conspiracy theory it’s in almost every report about cbdcs published by central banks the unprecedented response to the pandemic iic has given people a sense of what governments are willing to do to their
Populations the prospect of governments having total control over currency is Flatout terrifying given this recent history and it’s something that people are pushing back against everywhere in stark contrast to cbdcs cryptocurrencies are designed from the ground up for Financial Freedom that is the ability to spend your money how you want when you
Want and whenever you want in a financial world where these freedoms are being slowly taken away crypto is becoming increasingly popular this is most definitely good news but we must make sure that the crypto that’s being adopted is truly decentralized otherwise we could end up with systems that are
Analogous to cbdcs the bad news is that much of the crypto industry is headed in that direction thankfully some of it is still focused on decentralization from our perspective education is the solution to crypto’s centralization issues and this brings me to our bonus prediction and that’s that the coin
Bureau Club will hit 10,000 members in 2024 if you haven’t heard we recently launched a subscription service called the coin Bureau Club where we provide actionable crypto Alpha and review upand coming small cap altcoins not only that but we allow our members to vote on the altcoins we cover show them the cryptos
In the portfolios of all coin Bureau researchers as well as the cryptos we’re watching offer them exclusive deals on crypto products and services monthly giveaways occasional amas and discuss the markets in an exclusive Discord channel so if this sounds interesting then consider becoming a member of the
Coin Bureau Club using the link in the description I’ll quickly note that we’ll be increasing our prices on the 15th of January that’s because not only are we constantly adding new features but we’re also going to be running a coin Bureau Club giveaway that’s right one lucky CBC
Subscriber will win an all expenses paid trip to Dubai during token 2049 next year this will include flights accommodation spending money and token 2049 tickets on top of this you’ll be visiting coin buau HQ to see the team and ask all your crypto related questions and finally the winner will
Have lunch with Jessica and myself at one of the best restaurants in Dubai so that’s even more reason to take advantage of our limited introductory price offer the clock is ticking so use that link down below to sign up today and giveaways aside the goal of the coin
Bureau Club is to create even more highquality crypto content across all our channels because we believe there is still a serious shortage of quality crypto content out there so with your support we can make more of it and on behalf of the coin Bureau I want to
Thank everyone who supported us so far thank you all so much for watching and I will see you in the new year so this is Guy signing Off
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The bitcorn ETF will mean , the price of bitcorn will be rigged, like all other etf markets.
Thanks!
Priced in selling the news soon
Internet Money Wallet just launched V1. FYI π
Very useful coverage π Happy New Year π
Banks will be in problem, crypto is the only solution, but may not be BITCOIN.
Lots of armchair crypto experts in the comments these days.
Bitcoin needs to correctβ¦and it will do so ETF approval or not. π
Thanks for the crypto predictions and the Bitcoin predictions
Gary Gensler should be fired from his post and the SEC restructured
Acquire as many satoshis as possible while uneducated people still accept dollars for them
BlackRock officially names JP Morgan and Jane Street as authorized participants for it's spot Bitcoin ETF. π€£ This is going to end well I'm sure.
Anyone have a link to where Guy's (and other's) portfolio can be seen?
Dubai 2034 sounds like a plan. In fact, I have an offer to Al Marjanβ¦
Letβs gooo 2024ππππͺπΌπͺπΌπͺπΌ
Bitcoin has already been seized by USA government…a perfect example is silk road and mt.gox… There's allot of speculation that black rock will fork BTC.. Or manipulate the miners that they hold controlling interest in already… The ETF is a Trojan horse… Guy your CIA is showing again…uhg
Bitcoin is the 1st and only asset in the world's history that will run out of people willing to sell
BITCOIN is the king of crypto – vechain, cardano, gamium, singularity and singularity dao! may we have a profitable cycle π
Here for the financial advice ππ»
ICP is flying to the moon today and it isn't stopping!!!!
ETH is dogshit. No one wants to pay more transaction fee then the transaction itself. Imagine buying a Hamburger at Mcdonalds and you have to pay 1.5x the price when you swipe your card.
Guy! My guy! Haha thank you for great content, happy new year to you and the team β€
Looks like you're full of cold there, Guy! Bitcoin goes up, great! Goes down, just buy some more! Win Win!!! π
π» ππ»
If Bitcoin's price was really based on supply and demand, Bitcoin miners would not have to sell and shut down operation.
So nothing new
crypto nasdaq
Can't take it with you π
Neon evm is the hottest crypto right now. Solana+Ethereum=Neon evm
Interesting but one prediction you didnβt touch on is a global recession which is on the horizon with the Fed pivoting next year
If institutions wanna buy more BTC it's a perfect time to make sure it's denied now. It's time for a correction and easy to crash the price now π€·ββοΈ Just sayin
War is popularπ’
BTC will play big role in freeing of humanity from elites first and foremost free Palestine π΅πΈ
With Solana, EGLD, Near and SEI around, ethereum and L2 will spiral downward despite the Dancun upgrade. Spot etf ethereum is not going to happen next year
Iβve been saying this ever since I retired from BTC. The bitch is cyclical π.
If approved yes Iβm in on the ETF and dumping after the statistical highs.
I buy BTC all year round – and every 4 years I βgraduateβ π
BTC will crash after the announcement and the Boomers will get wrecked.
Nothing about XRP?